Stock Market Blog
Daily stock market analysis, trade alerts, and trading education from Ross Givens and the Traders Agency team.
99% Chance of the Fed Staying Put Today?
Hey, Ross here: It’s the day everyone’s been waiting for. We’ll find out later whether Powell’s going to screw it up for everybody – but I’m actually kind of positive (you’ll see why later). With that in mind, let’s look at a stock that could be setting up for a sweet breakout. Chart of the […]
Should You Be An Optimistic Trader?
Hey friend, The Fed is meeting as you read this… and markets have been quiet pending the outcome of their meeting tomorrow… Which is why – with one exception – today’s Daily Direction table looks exactly the same as yesterday’s. The Daily Direction Note: Most indexes barely budged yesterday – with the exception of the […]
Does It Really Matter What’s Next?
Hey, Ross here: As expected, it was a quiet session in the markets yesterday with most investors on a “wait and see” mode ahead of the Fed’s meeting, which starts today. And today’s chart – which I also shared last week – is a reminder that the new direction of the markets will likely soon […]
The Truth About Trading vs Office Jobs
Hey friend, It’s a brand-new trading week. And the next big direction of the markets largely hinges on the Fed. In the meantime, let’s look at how markets have been moving. The Daily Direction Note: Tech stocks sold off to end last week – dragging the indexes down with them. All the short and medium-term […]
Bright Spots Amid the Chop Fest
Hey, Ross here: Welcome to a new trading week. Whatever Powell decides on Wednesday will have a huge impact on where the market moves next. In the meantime, the chop fest continues – but there are still a few bright spots. Chart of the Day Friday’s selloff was a flight from growth, with many stocks […]
Do You Have This “Rule”?
Hey friend, Yesterday, Softbank’s chip designing company, ARM went public in the biggest IPO of 2023 – jumping 25% in a day and lifting the entire market along with it. So let’s see how markets have been moving in reaction to it. The Daily Direction Note: Thanks to ARM’s IPO, all index directions – with […]
The New Direction Will be Clear Soon
Hey, Ross here: As you know, markets have been range-bound for quite some time now. But as the Chart of the Day shows – it could all be resolved very soon. Chart of the Day The S&P 500 looks to be forming a classic pennant pattern – characterized by falling resistance and rising support. And […]
Inflation, the Fed, and What It All Means (Market Update from Charles Green)
Charles Green here, Senior Market Analyst here at Traders Agency. Here’s today Market Pulse 360. Market Pulse 360 for September 14, 2023 The Consumer Price Index (3.7% Y/Y) for August that was reported yesterday and Producer Price Index reported today were slightly higher by 0.6%, but this had minimal effect on the market. The reports […]
Contrarian Gains
Hey, Ross here: Let’s kick off the middle of the trading week with yet another actionable trading idea. Chart of the Day This is Cardlytics (CDLX) carving out a bottom over a period of 6-12 months, breaking through resistance (white horizontal line on chart) on high volume, and then doubling in short order. CDLX is […]
All Trading Comes Down to Understanding This
Hey friend, Time to see how the markets have been moving. The Daily Direction Note: Indexes closed higher yesterday on positive expectations for tomorrow’s inflation data release. Both the S&p 500 and NASDAQ managed to flip their short and medium-term directions back upward. The Daily Nugget Skillful trading is all about understanding and interpreting supply-demand […]
Ideal Positioning
Hey, Ross here: Let’s start the day with an actionable trading idea. Chart of the Day Kyndryl Holdings (KD) is a stock pushing up against a big resistance level. The enterprise software company went public in late 2021 just in time to get murdered by last year’s bear market. But KD is now trying to […]
Price Action is Useless Without This
Hey friend, Let’s see how markets have been moving as we begin a brand-new trading week. The Daily Direction Note: Most indexes edged slightly higher Friday to end the week on a positive note – but it was still a down week overall. All eyes will be on the latest consumer inflation report which will […]
Stop watching.
Start winning.
50,000+ traders get our daily brief before the market opens.
You're subscribed!
Check your inbox.
Free. No spam. Unsubscribe anytime.
